Bloomberg Business

Sri Lanka stands a strong chance of passing the first review of its $3 billion bailout given falling interest rates and a build-up of foreign reserves, according to the nation’s representative on the International Monetary Fund executive board.

Rishi Sunak said the government will crack down on banks that deny financial services to clients for expressing their opinions, as the closure of Nigel Farage’s bank account drew criticism from Conservative MPs.

Supporters call her an iron lady. Opponents say she is what’s wrong with the system.

Auto sales in Europe rose in June as growing demand for electric cars and improved parts supply helped fuel an 11th consecutive month of growth.

Rents in major German cities continued to soar with demand stoked by rising interest rates pushing consumers away from home purchases.

The Federal Bureau of Investigation searched Park Avenue wine retailer Sherry-Lehmann Wine & Spirits Tuesday as part of an investigation into the 89-year-old vintner.

Power demand in Europe looks set to drop to the lowest level in more than two decades as industrial production cuts appear increasingly permanent.

Thailand’s parliament barred Pita Limjaroenrat from running for prime minister, in a decision that undermines the people’s choice by keeping the leader of the party that won the May general election from heading the next government.

As optimism grows that more developing nations can start unwinding painful interest-rate hikes, policymakers in three big emerging markets still have work to do to bring inflationary pressures to heel and backstop their ailing currencies.